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ICICI Bank's Q3 FY25 net profit rises by 14.8 pc
The Statesman Siliguri
|January 26, 2025
ICICI Bank reported a 14.8% year-on-year (Y-o-Y) increase in net profit to Rs 11,792 crore in the quarter-ended December (Q3FY25), due to steady growth in net interest income (NII) and a robust increase in non-interest income, according to an official release.
The bank's net interest income rose by 9.1 per cent Y-o-Y to Rs 20,371 crore in Q3 due to robust growth in advances during the quarter. However, its net interest margin (NIM) - a measure of the profitability of banks - dropped marginally by 2 bas
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